You are here

Ease ABSD for Singaporeans, urges Wing Tai boss

But it should be kept for foreigners as hot money remains an issue

[SINGAPORE] Wing Tai chairman Cheng Wai Keung has a solution for the property sector's angst over the ABSD (additional buyer's stamp duty): "Keep ABSD for foreign buyers but fine-tune it for Singaporeans who wish to buy more than one property." He argues that the ABSD should be retained for

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom